omework: Chapter 19 core: 0.5 of 1 pt %) E 19-16 (similar to) Aragon makes handh

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omework: Chapter 19 core: 0.5 of 1 pt %) E 19-16 (similar to) Aragon makes handheld calculators i 701 8 (8 complete) Hw Score: 76.74%, 7.67 of 1: Question Help overhead has been divided into two cost pools: Assembly Department and Packaging Department wants to refine ts cost ng system by allocating overhead using department rates. The estmated $1. 149,500 of manactn The folowing data have been compled (Click the icon to view the data) Read the tequirements Compute the predetermined overhead allocation rates using machine hours as the allocation base for the r Assembly Department and direct labor hours for the Packaging Department Begin by selecting the formula to caloulate the predetermined overhead (OH) allocation rate Then enter the amounts to compute the allocation rate for each Enter the allocation rates to the nearest cent ) Predetermined OH Estimated overeadcosts Estimated qty of te alation base 300,000 611,875 , alc cali n rate 2 20 0.80 Assembly Packaging s How much overhead is allocaled to the basic model? To the professional model? Begin by selecting the formula to allocate overhead (OH) oosts. (Abbreviation used Gty quantity ) 660,000 489 500 Predetermined OH allocation rate Actual qty of the allocation base used Allocated mng overhead costs x Compute the total overhead alocated to the basic model, and then compute the total overhead alocated to the professional model Basic Model Enter any number in the edit fields and then click Check Answer 1 Pemaining Clear Al Final Check

Explanation / Answer

Predermined overhead rates :

Assembly Department : Estimated Total Manufacturing Overhead / Estimated Machine Hours = $ 660,000 / 300,000 = $ 2.20 per machine hour.

Packaging Department : Estimated Total Manufacturing Overhead / Estimated Direct Labor Hours = $ 489,500 / 611,875 DLH = $ 0.80 per DLH.

Overhead Allocated:

Basic Model : 125,500 MH x $ 2.20 + 90,000 DLH x $ 0.80 = $ 348,100

Professional Model:174,500 MH x $ 2.20 + 521,875 DLH x $ 0.80 = $ 801,400

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